Jefferies management was “hypersensitive” and “irrational,” in
its response to the publication of the Dec. 7, 2010 client
newsletter, Judge Conrad Seagroatt said in issuing his decision
today in Hong Kong’s High Court.

Williams is seeking damages of at least HK$13 million ($1.7
million) for wrongful dismissal and Jefferies’ breach of trust
and confidence, his lawyer Kevin Bowers said. Seagroatt said he
would issue written reasons for his decision and rule on the
damages later.

If anything, the trader should have been fired for using a stale
relic of Internet culture. Here's the curse-heavy, "offensive"
video.